 "Puducherry's new industrial policy to attract investors: CM V Narayanasamy")
Chief Minister V Narayanasamy on Sunday said the new industrial policy of the Puducherry government is poised to attract larger number of domestic as well as foreign investors to the Union Territory.
Speaking to reporters after inaugurating the Rs 2.4 crore Export Facilitation Centre of the Puducherry government-owned Industries Development Corporation here, he said, the new industrial policy released during the recent budget session was evolved in keeping with the practical requirements and expectations of the industrial entrepreneurs.
He asserted that the policy was poised to attract investors, from within and outside the country, to set up enterprises here.
"We intend to encourage industrial units and we have come out with various sops in the industrial policy," Narayanasamy said and charged the previous AINRC-led government with having "failed to take care of export-oriented industrial units" in Puducherry.
Industries and Revenue Minister M O H F Shajahan, the chairman of PIPDIC R Siva MLA, the Managing Director of the Corporation T Karikalan were among those present.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%